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RISK MANAGEMENT - Minimum regulatory capital requirements (Details) - COP ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Disclosure of nature and extent of risks arising from financial instruments [line items]    
Subscribed and paid-in capital $ 23,744 $ 23,744
Other comprehensive income (544,219) (1,146,565)
Net income for the period 7,731,773 8,018,417
Non-controlling interests $ 14,737,744 14,354,689
Deductions:    
Leverage ratio 3.00%  
Banco de Bogota S.A. | Separate basis    
Disclosure of nature and extent of risks arising from financial instruments [line items]    
Subscribed and paid-in capital $ 3,553 3,553
Reserves and retained earnings 14,635,826 13,507,497
Other comprehensive income 8,114 51,008
Net income for the period 1,024,884 2,251,716
Deductions:    
Unconsolidated financial sector investments   (3,364,280)
Goodwill and other intangibles (1,220,146) (1,054,448)
Deferred tax assets (815,194) (1,306,888)
CET1 13,637,037 10,088,159
Tier I 13,637,037 10,088,159
Subordinated instruments 2,573,696 3,135,871
Plus/minus others 160,637 424,829
Tier II capital 2,734,333 3,560,700
Technical capital 16,371,370 13,648,858
Risk-weighted assets 76,811,668 68,771,856
Market risk 491,571 495,392
Market risk exposure 5,461,900 5,504,360
Operational Risk 521,135 527,420
Operational risk exposure 5,790,384 5,860,219
Risk-weighted assets including regulatory market risk and operational risk $ 88,063,952 $ 80,136,435
CET1 solvency ratio 15.49% 12.59%
AT1 capital solvency ratio 0.00% 0.00%
Tier 1 capital solvency ratio 15.49% 12.59%
Tier II solvency ratio 3.10% 4.44%
Total solvency ratio 18.59% 17.03%
Capital measure $ 13,637,037 $ 10,088,159
Exposure measure $ 120,114,582 $ 106,717,652
Leverage ratio 11.35% 9.45%
Banco de Bogota S.A. | Consolidated basis    
Disclosure of nature and extent of risks arising from financial instruments [line items]    
Subscribed and paid-in capital $ 3,553 $ 3,553
Reserves and retained earnings 14,988,657 13,301,448
Other comprehensive income (122,944) 41,828
Net income for the period 954,173 2,804,925
Deductions:    
Unconsolidated financial sector investments   (3,261,888)
Goodwill and other intangibles (1,504,225) (1,416,196)
Deferred tax assets (672,813) (1,035,857)
Other (1,431) (111)
CET1 13,644,969 10,437,701
Tier I 13,644,969 10,437,701
Subordinated instruments 2,573,696 3,135,871
Tier II capital 2,573,696 3,135,871
Technical capital 16,218,665 13,573,572
Risk-weighted assets 91,625,712 88,898,130
Market risk 639,228 759,624
Market risk exposure 7,102,531 8,440,262
Operational Risk 612,546 577,099
Operational risk exposure 6,806,068 6,412,206
Risk-weighted assets including regulatory market risk and operational risk $ 105,534,310 $ 103,750,598
CET1 solvency ratio 12.93% 10.06%
AT1 capital solvency ratio 0.00% 0.00%
Tier 1 capital solvency ratio 12.93% 10.06%
Tier II solvency ratio 2.44% 3.02%
Total solvency ratio 15.37% 13.08%
Capital measure $ 13,644,969 $ 10,437,701
Exposure measure $ 141,766,918 $ 136,096,623
Leverage ratio 9.62% 7.67%
Banco de Occidente S.A. | Separate basis    
Disclosure of nature and extent of risks arising from financial instruments [line items]    
Subscribed and paid-in capital $ 4,677 $ 4,677
Reserves and retained earnings 4,782,349 4,525,930
Other comprehensive income 28,731 (124,708)
Net income for the period 430,603 502,643
Deductions:    
Unconsolidated financial sector investments   (224,184)
Goodwill and other intangibles (643,350) (586,129)
Deferred tax assets (251,878) (144,581)
Other (2,867) (4,190)
CET1 4,348,265 3,949,457
Tier I 4,348,265 3,949,457
Subordinated instruments 649,305 834,895
Plus/minus others 26,190 85,332
Tier II capital 675,495 920,227
Technical capital 5,023,760 4,869,684
Risk-weighted assets 38,073,928 34,616,008
Market risk 184,778 229,199
Market risk exposure 2,053,092 2,546,656
Operational Risk 235,639 203,225
Operational risk exposure 2,618,213 2,258,057
Risk-weighted assets including regulatory market risk and operational risk $ 42,745,234 $ 39,420,721
CET1 solvency ratio 10.17% 10.02%
AT1 capital solvency ratio 0.00% 0.00%
Tier 1 capital solvency ratio 10.17% 10.02%
Tier II solvency ratio 1.58% 2.33%
Total solvency ratio 11.75% 12.35%
Capital measure $ 4,348,265 $ 3,949,457
Exposure measure $ 65,855,871 $ 56,629,015
Leverage ratio 6.60% 6.97%
Banco de Occidente S.A. | Consolidated basis    
Disclosure of nature and extent of risks arising from financial instruments [line items]    
Subscribed and paid-in capital $ 4,677 $ 4,677
Reserves and retained earnings 4,996,111 4,791,295
Other comprehensive income 176,033 (65,254)
Net income for the period 473,554 452,493
Non-controlling interests 11,843  
Deductions:    
Unconsolidated financial sector investments   (226,950)
Goodwill and other intangibles (594,581) (533,300)
Other (2,867) (4,190)
CET1 5,064,770 4,418,771
Tier I 5,064,770 4,418,771
Subordinated instruments 649,305 834,895
Tier II capital 649,305 834,895
Technical capital 5,714,075 5,253,666
Risk-weighted assets 41,324,390 37,591,858
Market risk 218,356 272,515
Market risk exposure 2,426,174 3,027,946
Operational Risk 236,239 227,231
Operational risk exposure 2,624,877 2,524,786
Risk-weighted assets including regulatory market risk and operational risk $ 46,375,441 $ 43,144,590
CET1 solvency ratio 10.92% 10.24%
AT1 capital solvency ratio 0.00% 0.00%
Tier 1 capital solvency ratio 10.92% 10.24%
Tier II solvency ratio 1.40% 1.94%
Total solvency ratio 12.32% 12.18%
Capital measure $ 5,064,770 $ 4,418,771
Exposure measure $ 70,759,147 $ 62,211,737
Leverage ratio 7.16% 7.10%
Banco Popular S.A. | Separate basis    
Disclosure of nature and extent of risks arising from financial instruments [line items]    
Subscribed and paid-in capital $ 77,253 $ 77,253
Reserves and retained earnings 2,839,567 2,751,656
Other comprehensive income 79,481 68,673
Net income for the period (347,409) 73,035
Deductions:    
Unconsolidated financial sector investments   (355,124)
Goodwill and other intangibles (361,170) (288,139)
Other (87,539) (157,747)
CET1 2,200,184 2,169,608
Tier I 2,200,184 2,169,608
Subordinated instruments 327,018 177,147
Plus/minus others 20,775 25,697
Tier II capital 347,793 202,844
Technical capital 2,547,976 2,372,452
Risk-weighted assets 16,670,146 18,453,236
Market risk 83,118 136,503
Market risk exposure 923,539 1,516,695
Operational Risk 136,419 112,786
Operational risk exposure 1,515,762 1,253,181
Risk-weighted assets including regulatory market risk and operational risk $ 19,109,447 $ 21,223,112
CET1 solvency ratio 11.51% 10.22%
AT1 capital solvency ratio 0.00% 0.00%
Tier 1 capital solvency ratio 11.51% 10.22%
Tier II solvency ratio 1.82% 0.96%
Total solvency ratio 13.33% 11.18%
Capital measure $ 2,200,184 $ 2,169,608
Exposure measure $ 29,393,566 $ 32,226,919
Leverage ratio 7.49% 6.73%
Banco Popular S.A. | Consolidated basis    
Disclosure of nature and extent of risks arising from financial instruments [line items]    
Subscribed and paid-in capital $ 77,253 $ 77,253
Reserves and retained earnings 2,981,939 2,876,025
Other comprehensive income 222,322 198,193
Net income for the period (402,676) 80,210
Non-controlling interests 6,794,087 29,714
Deductions:    
Unconsolidated financial sector investments   (355,124)
Goodwill and other intangibles (446,032) (293,825)
Other (89,253) (157,747)
CET1 9,137,641 2,454,700
Tier I 9,137,641 2,454,700
Subordinated instruments 77,018 177,147
Tier II capital 77,018 177,147
Other deductions from technical capital (36,876)  
Technical capital 9,177,782 2,631,847
Risk-weighted assets 36,166,365 18,473,302
Market risk 336,718 147,685
Market risk exposure 3,741,309 1,640,943
Operational Risk 462,427 115,899
Operational risk exposure 5,138,073 1,287,767
Risk-weighted assets including regulatory market risk and operational risk $ 45,045,747 $ 21,402,012
CET1 solvency ratio 20.29% 11.47%
AT1 capital solvency ratio 0.00% 0.00%
Tier 1 capital solvency ratio 20.29% 11.47%
Tier II solvency ratio 0.17% 0.83%
Total solvency ratio 20.37% 12.30%
Capital measure $ 9,137,641 $ 2,454,700
Exposure measure $ 56,066,107 $ 32,249,192
Leverage ratio 16.30% 7.61%
Banco Comercial AV Villas S.A. | Separate basis    
Disclosure of nature and extent of risks arising from financial instruments [line items]    
Subscribed and paid-in capital $ 22,297 $ 22,297
Reserves and retained earnings 1,658,248 1,524,474
Other comprehensive income 57,285 (30,491)
Net income for the period (117,126) 112,035
Deductions:    
Goodwill and other intangibles (159,586) (124,474)
Deferred tax assets (10,239)  
Other (123,976) (153,441)
CET1 1,326,904 1,350,401
Other 176 176
AT1 176 176
Tier I 1,327,079 1,350,576
Plus/minus others 24,471 25,317
Tier II capital 24,471 25,317
Technical capital 1,351,551 1,375,893
Risk-weighted assets 10,054,415 10,419,661
Market risk 47,003 96,711
Market risk exposure 522,254 1,074,571
Operational Risk 95,732 81,824
Operational risk exposure 1,063,689 909,158
Risk-weighted assets including regulatory market risk and operational risk $ 11,640,358 $ 12,403,391
CET1 solvency ratio 11.40% 10.89%
AT1 capital solvency ratio 0.00% 0.00%
Tier 1 capital solvency ratio 11.40% 10.89%
Tier II solvency ratio 0.21% 0.20%
Total solvency ratio 11.61% 11.09%
Capital measure $ 1,327,079 $ 1,350,576
Exposure measure $ 18,873,410 $ 19,487,267
Leverage ratio 7.03% 6.93%
Corporacion Financiera Colombiana S.A. | Separate basis    
Disclosure of nature and extent of risks arising from financial instruments [line items]    
Subscribed and paid-in capital $ 3,464 $ 3,464
Reserves and retained earnings 11,233,257 9,929,403
Other comprehensive income (76,643) (383,161)
Net income for the period 808,982 1,774,040
Deductions:    
Goodwill and other intangibles (99,130) (90,578)
Other (1,480) (1,350)
CET1 11,868,451 11,231,819
Other 192 192
AT1 192 192
Tier I 11,868,643 11,232,011
Other deductions from technical capital (36,876) (44,131)
Technical capital 11,831,767 11,187,880
Risk-weighted assets 19,894,398 18,323,118
Market risk 235,605 185,978
Market risk exposure 2,617,835 2,066,426
Operational Risk 290,604 259,287
Operational risk exposure 3,228,933 2,880,964
Risk-weighted assets including regulatory market risk and operational risk $ 25,741,166 $ 23,270,508
CET1 solvency ratio 46.11% 48.27%
AT1 capital solvency ratio 0.00% 0.00%
Tier 1 capital solvency ratio 46.11% 48.27%
Tier II solvency ratio 0.00% 0.00%
Total solvency ratio 45.96% 48.08%
Capital measure $ 11,868,643 $ 11,232,011
Exposure measure $ 27,068,698 $ 24,099,107
Leverage ratio 43.85% 46.61%
Corporacion Financiera Colombiana S.A. | Consolidated basis    
Disclosure of nature and extent of risks arising from financial instruments [line items]    
Subscribed and paid-in capital $ 3,464 $ 3,464
Reserves and retained earnings 10,829,636 9,587,611
Other comprehensive income 366,032 47,709
Net income for the period 886,012 1,713,807
Non-controlling interests 1,380 1,210
Deductions:    
Goodwill and other intangibles (78,011) (66,553)
Deferred tax assets   (5,191)
Other (5,964) (5,847)
CET1 12,002,549 11,276,209
Other 192 192
AT1 192 192
Tier I 12,002,741 11,276,401
Other deductions from technical capital (36,876) (44,131)
Technical capital 11,965,865 11,232,270
Risk-weighted assets 20,189,704 18,238,986
Market risk 240,068 190,534
Market risk exposure 2,667,427 2,117,047
Operational Risk 298,733 303,453
Operational risk exposure 3,319,258 3,371,697
Risk-weighted assets including regulatory market risk and operational risk $ 26,176,390 $ 23,727,731
CET1 solvency ratio 45.85% 47.52%
AT1 capital solvency ratio 0.00% 0.00%
Tier 1 capital solvency ratio 45.85% 47.52%
Tier II solvency ratio 0.00% 0.00%
Total solvency ratio 45.71% 47.34%
Capital measure $ 12,002,741 $ 11,276,401
Exposure measure $ 27,699,079 $ 24,589,959
Leverage ratio 43.33% 45.86%
Sociedad Administradora de Fondos de Pensiones y Cesantias Porvenir S.A. | Separate basis    
Disclosure of nature and extent of risks arising from financial instruments [line items]    
Subscribed and paid-in capital $ 109,211 $ 109,211
Reserves and retained earnings 2,265,587 2,312,131
Deductions:    
Other (50,626) (50,626)
Tier I 2,324,172 2,370,715
Unrealized gains/losses on securities available for sale (8,474) (31,628)
Tier II capital (8,474) (31,628)
Value of the stabilization reserve (1,911,568) (1,781,676)
Technical capital 404,130 557,412
Risk-weighted assets 886,689 907,164
Market risk 10,927 13,808
Market risk exposure 121,408 153,419
Operational Risk 122,398 127,819
Operational risk exposure 1,359,975 1,420,213
Risk-weighted assets including regulatory market risk and operational risk $ 2,368,072 $ 2,480,795
Total solvency ratio 17.07% 22.47%